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News May 31, 2004

Editorial Cartoon (May 31, 2004)

News May 31, 2004

Dear silver investor

We at the U.S. Commodity Futures Trading Commission (CFTC) normally reply to private correspondence with a private response. We are, therefore, attempting to respond directly to about 500 of you who have written to us expressing concern that the p…

Analysts visit IMA Exploration's Navidad project in southern Argentina.

News May 31, 2004

IMA’s grassroots silver find holds 200 million oz.

IMA Exploration‘s (IMR-V) Galena Hill discovery in southern Argentina has a resource equivalent to more than 200 million oz. silver, according to an independent estimate.

News May 31, 2004

Daily Metal Prices (May 31, 2004)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)…

News May 31, 2004

Miners shine in dull market

Both gold and base metal majors posted strong gains on U.S. equity markets in the report period May 19-25, even as the broader market moved sideways.

News May 31, 2004

WMC studies Olympic Dam

Aussie nickel major WMC Resources (WMC-N) has earmarked A$50 million over two years to study whether there should be an expansion of the Olympic Dam copper-uranium mine in South Australia.

News May 31, 2004

Zaruma results sure to expand San Antonio resource

Zaruma Resources (ZMR-T) has intersected significant gold mineralization at the Centenario and Golfo de Oro targets, part of the San Antonio project in Mexico.

News May 31, 2004

Nevsun sizes up Bisha in Eritrea

Nevsun Resources (NSU-T) is encouraged by initial drill results at the Bisha polymetallic deposit in the northeast African state of Eritrea…

News May 31, 2004

Drills turn at Sleeper mine property

Vancouver — Three drills are testing the Sleeper project, a past-producing gold property in Nevada’s Humboldt Cty. The land package is held by New Sleeper Gold, a company owned equally by X-Cal Resources (XCL-T) and Ki…

News May 31, 2004

Nevada Pacific options Pat Canyon

Vancouver — Nevada Pacific Gold (NPG-V) is gearing up to explore its newly acquired Pat Canyon property, adjacent to the past-producing Tonkin Springs gold mine in Nevada’s Eureka Cty.

News May 31, 2004